Search results
1 – 4 of 4
Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…
Details
DOI: 10.1108/OXAN-DB287447
ISSN: 2633-304X
Keywords
Geographic
Topical
Inflation is a top challenge for the government, which targets 6.0-7.0% GDP growth in 2024, compared with 5.5% in 2023. GDP grew by 5.7% year-on-year in the January-March quarter…
Details
DOI: 10.1108/OXAN-DB287954
ISSN: 2633-304X
Keywords
Geographic
Topical
A key driving factor was soaring government consumption ahead of the February general election, which included the race to succeed Joko ‘Jokowi’ Widodo as president, won by…
Details
DOI: 10.1108/OXAN-DB287205
ISSN: 2633-304X
Keywords
Geographic
Topical
The announcement comes on the back of relatively tight fiscal policies and economic growth that outperforms EU peers. Yet the bullish macroeconomic picture has not translated into…